THE OCTG SITUATION ROOM

2Q19 OCTG Inventory Analysis: A Calm Before the Storm or Smooth(er) Sailing Ahead?

The results of our exclusive 2Q19 Quarterly OCTG Inventory Yard Survey could be viewed as a beacon of hope for those who expressed trepidation about the outcome in our midyear market conversations last month. Turns out parties with an ear to the ground controlled inventories extremely effectively and managed to stem the tide from Q1 that could have easily rocked the boat this quarter. While most of you know the ropes by now we’ll remind everyone that we host our exclusive quarterly surveys in order to measure demand for OCTG throughout the entire US supply chain, delivering the most accurate OCTG inventory updates in the oil patch so that our subscribers can better navigate the course ahead.

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